US Federal Reserve Chairman Jerome Powell is set to deliver an address at the Jackson Hole economic summit, but he’s under fire from multiple quarters. The exact details of his speech have not been disclosed, and many are questioning whether he’ll outline a more dovish or hawkish approach.
Powell’s comments will be closely watched by investors and economists alike, as they may influence the direction of monetary policy and global financial markets. The Federal Reserve has been navigating treacherous economic waters in recent months, with inflation still high and interest rates on the rise.
Source: https://www.ft.com/content/f572f1fa-0a62-4621-90de-e048c8caa890